Question
Which of the following is a key eligibility criterion
for availing funding under the ARISE project funding product?Solution
The ARISE project funding product is aimed at supporting businesses for: • Purchase of land, construction of factory buildings, • Acquisition of machinery, or • Modernization and technology upgradation. To be eligible, businesses must meet certain requirements: • Have been in operation for at least two years, • Maintain audited accounts, • Show cash profits in the latest audited financial results, and • Have no defaults to banks or financial institutions. Funding is available up to ₹50 crores, capped at 80% of the project cost, with a repayment period of up to 7 yearsincluding a 2-year moratorium.
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A water tank has two holes. The 1 hole alone empties the tank in 9 minutes and 2nd hole alone empties the tank in 6 minutes. If water leaks out at a con...
Tap P can fill a tank in 18 hours, while tap Q can do it in 9 hours. If taps P, Q, and R are opened at the same time, how long will it take to fill the ...
Tap A and Tap B fill a drum of volume 494 liters in 19 minutes. If their efficiencies are in the ratio x:y respectively and B alone takes to fill the ci...
Two pipes P1 and P2 can fill a cistern in 12 minutes and 15 minutes respectively. These pipes are opened alternately for 1 minute each, beginning with p...
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